VAUBAN
ActiveVAUBAN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370k and a net result of €96k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 5.6 in 2024), and 22% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78%
Return on assets
20.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
137 d early
2024
121 d early
2023
141 d early
2022
150 d early
2021
152 d early
2020
65 d early
2019
164 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€474k▼ 17.6%
2024 · €575k
2018: €456k
2019: €437k
2020: €488k
2021: €543k
2022: €494k
2023: €537k
2024: €575k
2018 → 2025
Net result
€96k▲ 5.8%
2024 · €91k
2018: €87k
2019: €57k
2020: €69k
2021: €66k
2022: €81k
2023: €93k
2024: €91k
2018 → 2025
Working capital
€375k▼ 20.3%
2024 · €471k
2018: €249k
2019: €328k
2020: €381k
2021: €319k
2022: €403k
2023: €432k
2024: €471k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€330k-€410k▲ 24.6%€434k▲ 5.7%€467k▲ 7.6%€370k▼ 20.8%
Operating result€85k-€107k▲ 25.6%€128k▲ 19.7%€125k▼ 2.4%€130k▲ 4.2%
Net result€66k-€81k▲ 22.4%€93k▲ 15.3%€91k▼ 2.8%€96k▲ 5.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €474k
Equity
€370k▼ 20.8%
Debt
€104k▼ 4.1%
The debt ratio rises from 18.9% to 22.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€132k▲
2024 · €129k
Cash flow
€98k▲
2024 · €95k
Solvency
78.0%▼
2024 · 81.1%
Current ratio
4.80▼
2024 · 5.60
Quick ratio
4.80▼
2024 · 5.60
Debt / equity
0.28▲
2024 · 0.23
ROE
26.0%▲
2024 · 19.4%
ROA
20.3%▲
2024 · 15.8%
Interest coverage
24.21▲
2024 · 20.44
Debt
€104k▼
2024 · €109k
Debt ≤ 1 year
€99k▼
2024 · €102k
Income taxes
€46k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€575k€474k▼
Fixed assets21/28€2k€0▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Current assets29/58€573k€474k▼
Amounts receivable within one year40/41€461k€442k▼
Other amounts receivable41€461k€442k▼
Cash at bank and in hand54/58€112k€31k▼
Equity and liabilities
Total equity and liabilities10/49€575k€474k▼
Equity10/15€467k€370k▼
Contributions10/11€6k€6k=
Reserves13€460k€364k▼
Distributable reserves133€460k€364k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€109k€104k▼
Amounts payable within one year42/48€102k€99k▼
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€23k€25k▲
Other amounts payable47/48€79k€74k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€479€519▲
Gross operating margin9900€129k€132k▲
Operating profit (loss)9901€125k€130k▲
Financial income75/76B€16k€17k▲
Recurring financial income75€16k€17k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€135k€142k▲
Income taxes67/77€44k€46k▲
Profit (loss) for the period9904€91k€96k▲
Profit (loss) for the period to be appropriated9905€91k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€96k▲
Transfer from equity791/2€58k€193k▲
Transfer to equity691/2€91k€96k▲
To other reserves6921€91k€96k▲
Profit to be distributed694/7€58k€193k▲
Return on contributions (dividend)694€58k€193k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €96k ▲5.8%
Net result €96k, the highest in the series.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.99
Current ratio from 2.51 to 5.99; short-term debt falls from €211k to €81k.
01-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €57k ▼33.8%
Net result drops to €57k, the lowest in the series; recovery starts the following year.
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Veurne · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pannestraat 1128630 VeurneGround area
3,206 m²
Building footprint
187 m²
Volume, LiDAR
1,266 m³
Parcel 38025B0108/00K002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAUBAN
since 20122.209.643.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025B0108/00K002 | Flanders | 3,206 m² | 1 · 187 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SUS DEI
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Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 2,272 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2012
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.